Polylactic Acid (PLA) Market Growth, Future Trends, and Development Strategies Forecast 2029
- digital geeks
- Dec 1, 2022
- 2 min read
Polylactic Acid (PLA) Market to grow at a Significant CAGR of 11.6% in the forecast period of 2022 to 2029
Polylactic Acid (PLA) Market Scope and Size
Global polylactic acid (PLA) market is categorized based on type, raw material, form, application, and end user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
Racemic PLLA (Poly-l-lactic acid)
PDLA (Poly-d-lactic acid)
Regular PLLA (Poly-l-lactic acid)
PDLLA (Poly-dl-lactic acid)
PLA Blends
Raw Material
Sugarcane
Corn
Cassava
Sugar Beet
Others
Form
Films and Sheets
Coatings
Fiber
Others
Application
Packaging
Transport
Agriculture
Medical
Electronics
Textile
Hygiene
Others
End User
Plastic Films
Bottles
Biodegradable Medical Devices
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Market Analysis and Insights - Polylactic Acid (PLA) Market
Asia-Pacific dominates the global polylactic acid (PLA) market with a CAGR of around 12.1%. The U.S dominates in the North American region owing to the growing demand for bio-based polymer medical devices in the region. Germany dominated expected to dominate the Europe polylactic acid (PLA) market because of the increasing consumer preference for PLA film packaging solutions in the region. Saudi Arabia dominated the polylactic acid (PLA) market in the Middle East & Africa, increasing different packaging solutions in the region.
Polylactic Acid (PLA) Market Country Level Analysis
The countries in the global polylactic acid (PLA) market are the U.S., Canada, Mexico, U.K., Russia, France, Spain, Italy, Germany, Turkey, Netherlands, Switzerland, Belgium, Rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, and the Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Egypt, Saudi Arabia, United Arab Emirates, South Africa, Israel and Rest of the Middle East and Africa.
Key Players Polylactic Acid (PLA) Market
Some of the major players operating in the Polylactic Acid (PLA) Market are:
BASF SE
Futerro
NatureWorks LLC
TotalEnergies Corbion
Sulzer Ltd
Mitsubishi Chemical Corporation
TORAY INDUSTRIES INC.
Merck
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Polylactic Acid (PLA) Market by Product & Procedure type.
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